Polarcus, Repsol in Morocco seismic deal
- Business & Finance
Seismic company Polarcus is getting ready to deploy a seismic vessel in Morocco.
The company on Wednesday said it received a Letter of Intent from the Spanish oil company Repsol for the job.
Under the agreement, Polarcus will carry out a broadband 3D survey offshore Morocco, starting in the third quarter of 2016.
Polarcus did not say which vessel would be deployed for the job.
This is the second 3D seismic LoI Polarcus has obtained in the past month. Back in April, the company said it had obtained a letter of intent for its first project in Indonesia.
Offshore Energy Today Staff